The daily dollar chart (top chart) is approaching the 21.6/21.5 level, which is a critical technical support level. Also note the overall bearishness of the chart: prices are below the 200 day EMA as are all the shorter EMAs, the MACD is is below 0 and declining, the CMF is negative and there was a big volume spike on yesterday's move lower.
The weekly dollar chart (bottom chart) shows more bearishness as well. Prices are below the 200 week EMA as are the shorter EMAs. The MACD is below 0, although the CMF just turned positive.
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The Bonddad Economic History Project
At the beginning of 2012, I decided to start looking at the actual, statistical history of the US economy starting in 1950. The reason is simple: to find out what really happened. So, when you see title of a post that begins with a year such as 1957, followed by "employment" or "Fed policy: you know what it's for. You can also access the information by typing in BE for Bonddad econ and a year to find information on a particular year.
Here is a link to pages that contain links to all the posts on the years listed.